Director - Fixed Income Tech Product

Application Deadline: 06/28/2026

Address: 151 W 42nd Street

BMO's Global Trading Solutions, part of Capital Markets Technology & Operations, is looking for a senior product owner with broad experience in Fixed Income trading solutions to join our team. The successful candidate will work with the existing team and business stakeholders to lead the effort to build a unified Fixed Income trading platform combining BMO's proprietary tools and industry‑leading solutions which will serve the growing needs of our clients globally. At the same time, you will help in strengthening operational practice and, if necessary, provide day‑to‑day assistance to traders, operations personnel and others. The successful candidate will have extensive experience providing large‑scale IT solutions in the area of Fixed Income with the emphasis on Credit and rates bond trading. Candidate's proven track record of delivering solutions to enable business growth is matched with the reputation of building strong relationships with the senior stakeholders and other team members.

Responsibilities

Lead the effort to form commonly agreed roadmap ranging from 1-3 years for the implementation of FI trading platform

Own the product roadmap for FI trading and eTrading, balancing near‑term priorities with long‑term strategic goals

Partner with trading, quants and operations to capture business needs and translate them into actionable requirements

Lead cross‑functional teams to deliver solutions such as RFQ, auto‑response, algo workflows, pricing and risk

Manage and oversee integration with FI electronic trading venues

Evaluate external vendor offerings and, if applicable, select cost‑effective providers to deliver desired functionality

Build partnership with senior contacts from other areas (e.g. Treasury/Rates trading) team to build common functionality where appropriate

Partner with others in the organization to advance BMO's overall IT capabilities in the areas of Cloud and Data

Identify opportunities and provide recommendations by communicating complex technical strategies and design to senior leaders

Work with the development teams utilizing Agile methodologies delivering incremental value to the trading desks on a frequent basis

Define and document application architecture and other system documentation to ensure adherence to standards and alignment to the technical strategies

Ensure optimal decision‑making between internal stakeholders, including between the business/group and Technology senior leaders

Operate at a group/enterprise‑wide level and serve as a senior specialist resource across BMO

Influence how teams/groups work together to drive towards the common goal

Apply expertise and think creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems

Qualifications

12-15 years of demonstrated role experience building Fixed Income trading solutions in large‑scale financial institutions

Proven ability to drive fixed income transformational projects with clear correlation to business benefits

In‑depth knowledge of all aspects of broker/dealer Fixed Income trading – pricing/risk, RFQ/position/inventory management, clearing/settlements, regulatory

In‑depth understanding of FIX protocol and other FI Market integration

Strong and up‑to‑date knowledge of electronic bond trading – venues (CanDeal, Tradeweb, MarketAxxess, etc), offerings, connectivity, application integration, engagement model, product/regional aspects

In‑depth knowledge of various flavours of bonds – Governments, SSAs, Corporates, Provincials/Municipals, IG vs HY, etc

Up‑to‑date knowledge of fixed income industry trends and available solutions. Can effectively combine buy and build strategies

Strong experience with Bloomberg‑TOMS/E‑TOMS is preferred but not required

Work with senior leaders from other T&O teams to ensure Credit IT portfolio meets the standards and strategic plans of the larger organization

Proven track record of establishing winning culture through strong building strong alliances with key business stakeholders

Salary and Compensation
Salary:

$150,700.00 - $261,800.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type. Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part‑time roles will be pro‑rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance‑based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit the Total Rewards page.

Equal Employment Opportunity Statement
BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e‑mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

#J-18808-Ljbffr